Warner Bros. Discovery (WBD) EBIT (2009 - 2026)
Warner Bros. Discovery (WBD) posted EBIT of -$2.5 billion for Q1 2026, down 807.45% on a QoQ basis from $349.0 million in Q4 2025, and down 6572.97% year-over-year from $38.1 million in Q1 2025.
Warner Bros. Discovery (WBD) EBIT (2009 - 2026) Analysis & Trends
Warner Bros. Discovery's EBIT history runs 18 years deep, the most recent figure standing at -$2.5 billion for Q1 2026.
- Quarterly EBIT fell 6572.97% year-over-year to -$2.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.7 billion (up 82.72% YoY) and the FY2025 annual result came in at $738.0 million, up 107.36% from the prior year.
- EBIT was -$2.5 billion for Q1 2026 at Warner Bros. Discovery, down from $349.0 million in the prior quarter.
- Across five years, EBIT topped out at $611.0 million in Q3 2025 and bottomed at -$10.2 billion in Q2 2024.
- A 5-year average of -$1.2 billion and a median of -$185.0 million in 2025 frame the typical range for EBIT.
- Annual changes were most pronounced in 2024 — EBIT jumped 189.69% — and 2026, when it tumbled 6572.97%.
- Warner Bros. Discovery's EBIT stood at -$1.9 billion in 2022, then jumped by 90.39% to -$182.0 million in 2023, then jumped by 189.01% to $162.0 million in 2024, then soared by 115.43% to $349.0 million in 2025, then sank by 807.45% to -$2.5 billion in 2026.
- Business Quant data shows WBD's EBIT at -$2.5 billion in Q1 2026, $349.0 million in Q4 2025, and $611.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 4.19 Bn |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | -10.63 Bn |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -2.47 Bn |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -370.52 Mn |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 64.00 Mn |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 51.77 Mn |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 338.48 Mn |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 325.00 Mn |
| 9 | News | 16.48 Bn | 15.01 Bn | - | 214.00 Mn |
| 10 | Sirius Xm Holdings | 10.04 Bn | 9.96 Bn | 2.09 Bn | 454.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.47 Bn |
| Dec 31, 2025 | 349.00 Mn |
| Sep 30, 2025 | 611.00 Mn |
| Jun 30, 2025 | -185.00 Mn |
| Mar 31, 2025 | -37.00 Mn |
| Dec 31, 2024 | 162.00 Mn |
| Sep 30, 2024 | 281.00 Mn |
| Jun 30, 2024 | -10.21 Bn |
| Mar 31, 2024 | -267.00 Mn |
| Dec 31, 2023 | -182.00 Mn |
| Sep 30, 2023 | 97.00 Mn |
| Jun 30, 2023 | -906.00 Mn |
| Mar 31, 2023 | -557.00 Mn |
| Dec 31, 2022 | -1.89 Bn |
| Sep 30, 2022 | -2.19 Bn |
| Jun 30, 2022 | -3.64 Bn |
| Mar 31, 2022 | 353.00 Mn |
| Dec 31, 2021 | 508.00 Mn |
| Sep 30, 2021 | 329.00 Mn |
| Jun 30, 2021 | 779.00 Mn |